As the fuel queues return, the question of “why” is back on the front burner. Historically, the presence of fuel queues has been associated with fuel subsidies and the struggles marketers faced with getting their money from the federal government. This time around things are a bit different. Or are they? We know that, given… Continue reading How large is the fuel subsidy?
My continuing series on the education crisis in the North. This time I talk about the language barriers and how those with the most need for local language learning programs are let down the most by our inability to think beyond English. In the guardian today and online here.
It’s no news that the recession is over and rather than reform and set the economy on a stronger growth trajectory, we just kind of hung around waiting for oil prices to recover. They have, we are out of recession, but the non-oil economy looks like it is set of a protracted period of no growth.… Continue reading More on missed opportunities for change
To be clear, it is always dangerous to make statements off one data point, but looking at the trend in non-oil growth, it does appear that have entered a period of no growth. If you add the fact that population is growing at around 2.9 percent, then no-growth in the non-oil sector should be very… Continue reading The fear of zero growth
Recent policy moves in Kaduna have brought the problem of education in the North to the fore. My first of a many articles on the crisis is in the Guardian today, or online here
The one where I talk about competitiveness, again. Although we should give kudos to improvements in the bureaucratic side of doing business, we need to also look beyond towards other challenges. Specifically, on driving reforms down towards the state and local governments (hat tip to the NCCN subnational competitiveness index), and towards other factors that count… Continue reading Tackling competitiveness: looking beyond bureaucracy
New publication in the South African Journal of Economics with Johannes Fedderke and Nicola Viegi. The result of months working with administrative tax data. Abstract: This paper uses newly available firm-level tax data to evaluate the market structure in South African manufacturing sectors in the period 2010–2012. To describe the market structure, we compute markups… Continue reading Markups and Concentration in South African Manufacturing Sectors